Jiming Huang / Blog
Pivot (invalidation): 108.75 Our preference Long positions above 108.75 with targets at 109.20 & 109.45 in extension. Alternative scenario Below 108.75 look for further downside with 108.55 & 108.30 as targets...
Pivot (invalidation): 1.2840 Our preference Long positions above 1.2840 with targets at 1.2895 & 1.2930 in extension. Alternative scenario Below 1.2840 look for further downside with 1.2800 & 1.2770 as targets...
Pivot (invalidation): 1.1410 Our preference Short positions below 1.1410 with targets at 1.1375 & 1.1345 in extension. Alternative scenario Above 1.1410 look for further upside with 1.1425 & 1.1455 as targets...
As Brexit dominates headlines, it is not dominating investors. UK 2-year and 10-year gilt yields rose slightly to +0.825% and +1.287% (+2.46% and +2.30% percentage change) while the British pound remained almost untouched, bouncing by +0...
Pivot (invalidation): 51.25 Our preference Long positions above 51.25 with targets at 52.60 & 53.30 in extension. Alternative scenario Below 51.25 look for further downside with 50.75 & 50.40 as targets...
Pivot (invalidation): 15.6300 Our preference Short positions below 15.6300 with targets at 15.5200 & 15.4500 in extension. Alternative scenario Above 15.6300 look for further upside with 15.6900 & 15.7600 as targets...
Pivot (invalidation): 1293.25 Our preference Short positions below 1293.25 with targets at 1286.50 & 1283.00 in extension. Alternative scenario Above 1293.25 look for further upside with 1295.00 & 1297.00 as targets...
Pivot (invalidation): 10820.00 Our preference Long positions above 10820.00 with targets at 10960.00 & 11000.00 in extension. Alternative scenario Below 10820.00 look for further downside with 10745.00 & 10680.00 as targets...
Pivot (invalidation): 2545.00 Our preference Long positions above 2545.00 with targets at 2636.00 & 2685.00 in extension. Alternative scenario Below 2545.00 look for further downside with 2520.00 & 2473.00 as targets...